Nifty Path Derived Using Neo wave + Price action.
May 26, 2025
When we combining Wave Theory along with price action does it help us in forming powerful setups?
Neo wave is the GPS of the market that helps to understand the overall maturity of the trend. Neo wave is an advanced Elliott wave that provides forecasting ability.
Look how we derived a path for Nifty in our Agni Nifty research report and we managed to achieve our given targets consecutively for 4 trading sessions. Check out the article below-
Nifty Daily chart with Neo wave and Time cycle as on 26th May 2025.
Anticipated Trading Strategy as on-
20th May 2025
(Spot) - Short positions can be created below 24900 with 24970 as stoploss and target of 24830 followed by 24760.
Trade set up for Futures – Futures positions can be initiated as per spot levels given above.
Trade set up for Options buying: Buy Nifty 22nd May 25150 PE if Nifty gives a 15-minutes close below 24950 (for target and stoploss refer above spot strategy).
21st May 2025
(Spot) -Long positions can be created if Nifty sustains above 24830 for an hour with 24750 as a stoploss and target of 24900 followed by 24970 levels.
Trade set up for Futures – Futures positions can be initiated as per spot levels given above.
Trade set up for Options buying: Buy Nifty 22nd May 24700 CE if Nifty sustains above 24830 for an hour (for target and stoploss refer above strategy).
22nd May 2025
(Spot) - Short positions can be created below 24650 with 24720 as stoploss and target of 24580 followed by 24500.
Trade set up for Futures – Futures positions can be initiated as per spot levels given above.
Trade set up for Options buying: Buy Nifty 22nd May 24800 PE buy above 170 with the stoploss of 110 and target 230 followed by 300 level.
23rd May 2025
(Spot) - Long positions can be created above 24690 with 24620 as stoploss and target of 24760 followed by 24830 levels.
Trade set up for Futures – Futures positions can be initiated as per spot levels given above.
Trade set up for Options buying: Buy Nifty 29th May 24600 CE above 300 with stoploss of 240 and target of 360 followed by 420.
Amid wild swings and high volatility, our reports have consistently continued to shine and BANG ON!! Nifty moved in sync with our expectations and managed to achieve our given targets continuously for 4 trading sessions! We derived our path for Nifty with help of Wave theory, OI Data and price action.
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